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← Limited Liability Partnerships Act 2005

Limited Liability Partnerships Act 2005 s 62

s 62 Disqualification under Companies Act 1967

62.—(1) Subject to any permission which the General Division of the High Court may give pursuant to an application under subsection (2), a person who is subject to a disqualification or disqualification order under section 149, 149A or 154 of the Companies Act 1967 must not act as manager of a limited liability partnership during the period of the disqualification or disqualification order.[35/2014; 40/2019] [Act 25 of 2021 wef 01/04/2021] (2) A person who is subject to a disqualification or disqualification order under section 149 or 154 of the Companies Act 1967 may apply to the General Division of the High Court for permission to act as a manager of a limited liability partnership during the period of the disqualification or disqualification order, upon giving the Minister at least 14 days’ notice of the person’s intention to apply for such permission.[35/2014; 40/2019] [Act 25 of 2021 wef 01/04/2021] (3) On the hearing of any application under subsection (2), the Minister may be represented at the hearing and may oppose the granting of the application.[35/2014] (4) Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both.[37

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Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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